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The New Institutional Economics incorporates a theory of institutions into economics. It builds upon the fundamental assumptions of scarcity and competition but
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The Foundations of Institutional Economics
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K. William Kapp was one of the leading 20 th century institutionalists and a founding member of the Association for Evolutionary Economics. This book was develo
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This book offers a strong contribution to the growing field of institutional economics, going beyond the question of why institutions matter and examines the wa